PeanutButter

XAUUSD 2023 YEARLY STRUCTURE OHLC [SELL SETUP🚨🚨 🚨]

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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XAUUSD
2023 YEARLY STRUCTURE
OHLC


Bearish divergence starting from 01 July, 2020 to current market Price in the monthly time frame.

Structure for this year is marked in red vertical line (January). Price opened high with April breaking above the open.

Currently have price consolidating below the sell zone 2017.870. A strong resistance is also in place 2080.140. Waiting for a TDI cross to confirm the presence of sellers in market .

Kindly target the yearly open  1931.722 as first Target after TDI crosses in the monthly time frame. Also find more entries in the lower time frame after this cross. Second take profit will be half of the “railroad tracks” at the open 1871.650

Trade with Caution.

Wait for valid entries.

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P A T I E N C E + D I S C I P L I N E

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